Over the last month, Bitcoin’s value has been steadily declining. Bitcoin’s price has formed a “head and shoulders” pattern. Today bitcoin reached $41,000 price level, down from $45,000 only a few hours earlier. Except for ATOM, which has gained more than 16 percent in a single day, other cryptocurrencies are
Ethereum was trading at $3,471, down 8.67% from its 24-hour high. The value of Bitcoin today was $43,000, 6.43 % lower in 24 hours. Prices for major cryptocurrencies like Bitcoin and Ethereum plummeted substantially. This was Due to investors sought to lock in gains in the face of global unrest.
UK’s law enforcement agencies have confiscated $335 million worth of crypto. Most of the cryptocurrency seized was Bitcoin. Regulators and legislators in the United Kingdom are becoming worried about the illicit usage of cryptocurrencies in the country. Over the last five years, the UK’s law enforcement agencies have confiscated $335
A 20 percent tax would be imposed on earnings exceeding 2.5 million won. Taxing virtual assets has been postponed until 2023. Bitcoin’s momentum has been stifled since its all-time high of $67.5k. Many analysts’ predictions of Bitcoin reaching $100k by the end of the month turned out to be a
Bitcoin (BTC) is accumulating and experiencing resistance near $47,000. The first major support level of BTC is nearly $45,500. The third-largest bitcoin address added 456 BTC on January 4th. The crypto giant Bitcoin (BTC) is accumulating and experiencing resistance near $47,000, even other altcoins are also facing the same. The
El Salvador plans to set up a Bitcoin city at the foot of a volcano. The $1 billion bond issue would support President Bukele’s Bitcoin City plan. El Salvador is the first nation to approve Bitcoin as legal money. Fears of instability and inflation sparked large-scale demonstrations in the Latin
During the last 24 hours, the price of BTC has continued to fall. The coin closed the year on a downward trend. Founder of crypto lending firm Nexo, Antoni Trenchev, anticipated that bitcoin would reach $100K by the middle of 2022. Digital assets, he believes, are a gold-level inflation hedge.
Arsenal was recently called out for this practice by the ASA. The government has been reluctant to do anything about cryptocurrency. Digital investment trends like cryptocurrency and non-fungible tokens (NFTs) might face a regulatory crackdown in 2022 after mounting concerns that they could harm vulnerable young people. Football teams, players,
Only the block subsidy of 50 bitcoins is included in the block. Most people believe Bitcoin’s birth is six days after. The “Genesis Block” anniversary falls on January 3 today. Today marks the 13th anniversary of the publication of Block Zero, which was little noticed at the time but is
Jerome Powell commonly referred to inflation as a ‘transitory’ occurrence. More investors may turn to Bitcoin as a cash alternative. Bitcoin, which has a market capitalization of more than $800 billion, is at the top of the crowded cryptocurrency industry and has gained a large number of followers among individual
